Future goals

You carry the latest iPhone Pro Max, wear Gucci, drive an expensive car way out of your budget, eat out at the most fanciest restaurant, and apparently living in a huge debt/EMI. This is rich.

The wealthy "doesn't necessarily" do all these. They're more into creating sustainable finances. Status signalling happens only after they've taken care of everything for them and their family and only when absolutely necessary. They know where to put their money.